Ratings

Published January 5, 2007

KARACHI: The JCR-VIS Credit Rating Company has maintained the medium-to-long-term entity rating of ‘A+’ and short-term entity rating of A 2 of National Foods Ltd. The outlook on the medium to long-term rating has been revised from ‘negative’ to ‘stable’.

The JCR-VIS has also reaffirmed the medium to long-term entity rating of A and short-term rating of A-2 assigned to Indus Dyeing and Manufacturing Company Ltd. The outlook on the medium to long-term rating is `stable’, says a Press release.

The rating company has maitined the medium to long-term entity rating of A– and short-term rating of A-2 assigned to Saif Textile Mills Ltd.